Posted on 04/28/2016 4:57:07 AM PDT by expat_panama
Let me agree with Mr. Trump, and supporters, that it's a very bad idea for U.S. companies to move overseas and take those jobs elsewhere.
I have personally seen the consequences of these moves in Mexico.
You can see all of these companies in the industrial sectors of Monterrey, Queretaro, Tijuana, and other Mexican cities.
They are down there hiring Mexicans, from floor sweepers to engineers to lots of people with university degrees. They are hiring professionals from the top schools south of the border.
Again, I don't like it but what can a U.S. president really do about it? What legal authority does a U.S. president have...
...the reasons that US companies move to Mexico. This is the one that caught my attention:
Duty-free imports, tax credits & incentives: maquiladoras operate in free trade zones, enabling companies to import materials and equipment without paying taxes or duties, then re-exporting finished products.
The Mexican government also offers a variety of incentives, from capital equipment grants and help with infrastructure to real estate grants, the Aerospace Training Center in Querétaro and tax credits.
How does a U.S. president stop this? He can't unilaterally, no matter how much pressure he puts on the executives not to make the move.
Furthermore, renegotiating NAFTA would mean undoing the economic infrastructure that ties Mexico, Canada, and the U.S. It would likely mean that Congress...
...Trump is raising a lot of expectations rather than proposing solutions to fix the problem of jobs going overseas.
Again, I hate jobs going overseas as much as Trump. At the same, all I've heard so far are slogans rather than solutions. In other words, this is a lot more complicated than we've heard from Mr. Trump. d from Mr. Trump.
(Excerpt) Read more at americanthinker.com ...
What are we doing here, we trying to shut down all U.S. exports? Talk about the masses fleeing the U.S....
Thanks nascarnation...
Yeah, ‘winners’ like Venezuela or Argentina.
You do understand that the state doesn’t own the lives and property of its citizens, right?
Let’s have a short quiz: who do you believe owns a company?
a) its shareholders
b) the government
c) you
We're saying T will rule by decree like O? That would be physically impossible unless the Dems in Congress agreed to never ever ever impeach no matter what.
Fat chance. Dems are not spineless idiotic slime when it comes to putting limits on the Exec. Br.. Sure, the Reps are but in this case they'd probably side w/ the Dems just like in '74..
Are you a Cruz supporter?
It is good political cover while they work out behind the scene secret deals to off shore to some third world hell hole.
There was a time-—I was around in the 1950s-—when an appeal to a company’s patriotism would win out if there was ever a question of a company’s decision helping or harming the USA. Companies proudly put the nation first, know that was the right thing to do and was ultimately in their own self interest, anyway. Now corporations don’t see past the next fiscal year or even the next fiscal quarter. ANYTHING to hit the objectives for the quarter, because execs are largely paid bonus on achieving quarterly or yearly objectives, and that can be the bulk of their compensation.
Seems like when the Cold War ended patriotism became passé.
Sounds like corporate patriotism became pointless the moment that America turned into the Soviet Union.
Lots of businesses fled North Korea too. Traitors.
The gloBULList NWO WTO Free Traitors™, like Bush the Elder, couldn’t wait to sell out American industry the second the Cold War ended. Like it was pre-planned.
Taxes will increase until businesses begin hiring. Sounds familiar.
“The real solution, of course, is to reduce the burden on U.S. businesses here and negate the need for off-shoring in the first place.”
Yep.....(I wasn’t busting on you...I got your joke)
“Who grants them higher prices for their goods based on their claim to be employing Americans?”
There is a perception of quality of American made goods. That allows for a higher price to be charged. If you keep the perception, but lower the cost by offshoring you make a lot more money.
Government procurement does grant higher prices through “US content” provisions though. That is often gamed.
no..... I am a rational business man
are you an obama man?
pro union anti business is not conservative
I don't like it when Obammy makes it difficult on fossil fuel companies. And I would not be in favor of King Trumpy making it difficult on Ford or Apple.
I don't favor a form of government where the government punishes companies or industries just because the leadership at the time wants to play favorites (even for the sake of "job creation")
It's Pat Buchanan isolationism packaged under a different name.
It's not really about jobs. It's about different economic cultures.
You can create zones without having to deal with corrupt union + big Government hot spots from sea to shining sea
The solution is to get Government off their backs. Not to make it bigger.
After reading your posts I think I get that you are being somewhat sarcastic to make a point.
If not and as to others who think that the Federal government establishing special “zones” for US companies to operate with special rules are a good idea, I disagree.
For one thing how does the Federal government decide where to establish such “zones” and under what conditions, i.e. for what considerations would the States or local governments be beholden to the Federals (think about what the Federal Highway Admin and the Department of Ed forces on the States in order to get funding that they are pretty much forced to take, just to name a few); what sort of other “pork” would get mashed into this soup; what types of companies or industries would the Federal government give this “favored status” to, or not to – oil and gas bad – “green energy – good? I see such as being rife for even more abuse than what we have now. I would also think that allowing the Federal government to enact special lower taxes and or suspend some laws in some special areas of the country to the detriment of others would be unconstitutional but then I don’t think the Constitution matters to many of my countrymen anymore.
Your countrymen should continue to buy on merit from whomever they wish - we just need to remove the barriers that thwart American wealth-producers. Give businesses a competitive environment and then the American-made product will become competitive.
How about establishing the entire U.S. as a place where companies can have the same competitive rules as overseas locations?
On this we agree. Well said.
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